Number of rooms: 160 spacious rooms with 50 world-class luxury whole-ownership for sale residential units.

Food & Beverage: 4 outlets (fine dining/international, Kazak, Asian, lounge/bars).

Meeting space: large meeting, banquet and conference facilities.

Other services: large full-service spa, fitness center, swimming pool, boutique shopping outlet, indoor parking, kid’s club, business centre.

Back of the house facilities: engineering, dry & cold storage, dock, kitchens.

Opening year: Project on hold.

 

Some Key Highlights, Strategy & Improvements in addition to full Asset Management duties

This assignment took place in 2014 and focused on three areas:

  • Full review, and analysis of the proposed operator business terms and conditions. The aim was to get maximum beneficial terms as possible.
  • Negotiations with operator of the proposed business terms and conditions in order to sign a Letter of Intent that will be followed by the contracts/agreements.
  • Analysis of the operator projections to review shortfall and working capital requirements. The drafting and final agreement documents was worked on in conjunction with owner’s legal teams.

Reviewed architectural plan and ensure that the various layouts are well defined and sustainable.